RBS 2012 Annual Report Download - page 266

264
Business review Risk and balance sheet management continued
Country risk: Country risk exposure continued
Spain
HFT
debt securities Net Gross
Lending REIL Provisions
AFS and
LAR debt
securities
AFS
reserves Long Short
Total debt
securities Derivatives Repos
Balance
sheet
Off-
balance
sheet Total Derivatives Repos
2012 £m £m £m £m £m £m £m £m £m £m £m £m £m £m £m
Government — — — 37 (10) 786 403 420 18 — 438 14 452 56 —
Central bank 6 — — — — — — — — — 6 — 6 — —
Other banks 1 — — 3,169 (634) 100 76 3,193 1,254 — 4,448 42 4,490 5,116 610
Other FI 59 — — 1,661 (540) 96 18 1,739 26 — 1,824 139 1,963 50 —
Corporate 4,260 601 246 4 — 36 18 22 456 — 4,738 1,373 6,111 472 —
Personal 340 61 27 — — — — — — — 340 56 396 — —
4,666 662 273 4,871 (1,184) 1,018 515 5,374 1,754 — 11,794 1,624 13,418 5,694 610
2011
Government 9 — — 33 (15) 360 751 (358) 35 — (314) 116 (198) 40 —
Central bank 3 — — — — — — — — — 3 — 3 — —
Other banks 130 — — 4,892 (867) 162 214 4,840 1,620 2 6,592 41 6,633 5,180 122
Other FI 154 — — 1,580 (639) 65 8 1,637 282 — 2,073 169 2,242 1,084 467
Corporate 5,775 1,190 442 9 — 27 — 36 454 — 6,265 2,247 8,512 471 —
Personal 362 — — — — — — — — — 362 57 419 — —
6,433 1,190 442 6,514 (1,521) 614 973 6,155 2,391 2 14,981 2,630 17,611 6,775 589
2010
Government 19 — — 88 (7) 1,172 1,248 12 53 — 84 1 85 60 —
Central bank 5 — — — — — — — — — 5 — 5 — —
Other banks 166 — — 5,264 (834) 147 118 5,293 1,480 2 6,941 41 6,982 5,098 515
Other FI 92 — — 1,724 (474) 34 7 1,751 22 — 1,865 285 2,150 145 —
Corporate 6,991 1,871 572 9 38 50 8 51 490 — 7,532 2,672 10,204 567 —
Personal 407 1 — — — — — — — — 407 62 469 — —
7,680 1,872 572 7,085 (1,277) 1,403 1,381 7,107 2,045 2 16,834 3,061 19,895 5,870 515
CDS by reference entity
2012 2011 2010
Notional Fair value Notional Fair value Notional Fair value
Bought Sold Bought Sold Bought Sold Bought Sold Bought Sold Bought Sold
£m £m £m £m £m £m £m £m £m £m £m £m
Government 5,934 5,905 361 (359) 5,151 5,155 538 (522) 3,820 3,923 436 (435)
Other banks 1,583 1,609 34 (30)1,965 1,937 154 (152)2,087 2,159 133 (135)
Other FI 1,209 1,061 47
(28) 2,417 2,204 157 (128) 1,648 1,388 72 (45)
Corporate 2,263 2,011 7
(4) 4,831 3,959 448 (399) 5,192 4,224 231 (168)
10,989 10,586 449 (421)14,364 13,255 1,297 (1,201)12,747 11,694 872 (783)
CDS bought protection: counterparty analysis by internal asset quality band
AQ1 AQ2-AQ3 AQ4-AQ9 AQ10 Total
Notional Fair value Notional Fair value Notional Fair value Notional Fair value Notional Fair value
2012 £m £m £m £m £m £m £m £m £m £m
Banks 646 27 3,648 168 1,409 65 — — 5,703 260
Other FI 2,335 72 2,539 109 324 8 88 — 5,286 189
2,981 99 6,187 277 1,733 73 88 — 10,989 449
2011
Banks 6,595 499 68 5 32 4 — — 6,695 508
Other FI 7,238 736 162 3 269 50 — — 7,669 789
13,833 1,235 230 8 301 54 — — 14,364 1,297